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Rolls-Royce marine AI technology project receives UK funding

By: Rebecca Campbell     26th February 2021 The British Ministry of Defence (MOD) has granted funding to UK-based global major industrial technology group Rolls-Royce to further develop the company’s Artificial Chief Engineer technology. This is an autonomous ship machinery control system, intended to permit naval vessels to carry out... 

Leasing, investment at Saldanha Bay IDZ are going well

By: Marleny Arnoldi     26th February 2021 The Department of Trade, Industry and Competition (DTIC) says the Saldanha Bay Industrial Development Zone (SBIDZ) has attracted more than R21-billion of private investment to date. These investments are at different stages of development; two of them, with private investment valued at... 

M&E sector output to recover this year after 15% decrease recorded for 2020 

By: Marleny Arnoldi     26th February 2021 The Metals and Engineering (M&E) sector was no doubt under pressure in 2020 owing to lower steel production and general trading restrictions, Steel and Engineering Industries Federation of Southern Africa (Seifsa) says in its latest 'State of the M&E Sector' report. Seifsa chief economist and... 

Mixed response to Mboweni's Budget Speech

By: Tasneem Bulbulia     25th February 2021 Industries and business have responded with mixed reviews to the Budget Speech delivered by Finance Minister Tito Mboweni on February 24. Industry organisation Business Leadership South Africa (BLSA) posits that it showed the fruits of a better-than-expected economic recovery and tax collection... 

Test mine study under way for Fourth Industrial Revolution try-outs  

By: Martin Creamer     24th February 2021 A feasibility study is under way on a mine selected for the testing of Fourth Industrial Revolution (4IR) technologies ahead of their implementation, Minerals Council South Africa senior executive modernisation and safety Sietse van der Woude said on Wednesday. Van der Woude was answering... 

Worst listed property year on record impacts Redefine’s distributable income 

By: Donna Slater     22nd February 2021 JSE-listed real estate investment trust Redefine has reported a decrease in distributable income of 51.50c a share, or 49%, for the financial year ended August 31, 2020, which the company described as the “worst year in history for listed property”. Total revenue, which grew by 4.1% in the year... 

SMS group's innovative New Horizon project completed in 2020

By: Creamer Media Reporter      22nd February 2021 SMS group is a global, leading partner for the metal industry. As a family-owned business headquartered in Germany, quality and innovation are in our DNA. We are committed to the success of our customers and strive to add value along the entire value chain of the global metal industry. A huge... 

Seifsa to host inaugural Brics Manufacturing Conference in March

By: Marleny Arnoldi     19th February 2021 The inaugural Brazil, Russia, India, China and South Africa (Brics) Manufacturing Conference will take place in Sandton, on March 26. The event was initially scheduled to take place last year before Covid-19 brought about restrictions.  

CSIR, Colombia 4IR centre team up on AI and IoT

By: Schalk Burger     19th February 2021 Industrial research organisation the Council for Scientific and Industrial Research (CSIR) on February 19 announced that it has partnered with the Centre for the Fourth Industrial Revolution (C4IR) of Colombia operator Corporación Ruta N Medellin (C4IR.CO) to unlock the potential of artificial... 

Denel is in a deep crisis, parliamentary committee told 

By: Rebecca Campbell     19th February 2021 Parliament’s Select Committee on Public Enterprises and Communication has been briefed by Public Enterprises Deputy Minister Phumulo Masualle and Denel acting CEO Talib Sadik about the State-owned defence industrial group’s financial and legal problems. They told the parliamentarians that Denel... 

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